[SCHEDULE 13D/A] Appian Corporation SEC Filing

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SCHEDULE 13D/A

Rhea-AI Filing Summary

Schedule 13D/A Amendment No. 49 鈥� Appian Corporation (NASDAQ: APPN)

On 7 July 2025, Abdiel Capital and related entities filed their 49th amendment to Schedule 13D disclosing their current ownership of 7,028,847 Class A shares of Appian Corporation. Based on the issuer鈥檚 outstanding share count of 43,140,083 (as of 5 May 2025), the group鈥檚 aggregate holding represents 16.3 % of the class, comfortably above the 5 % reporting threshold and positioning Abdiel as one of Appian鈥檚 largest shareholders.

The filing groups six reporting persons:

Abdiel Qualified Master Fund, LP 鈥� 6,698,502 shares (15.5 %)
Abdiel Capital, LP 鈥� 321,282 shares (0.7 %)
Abdiel Partners, LLC 鈥� 9,063 shares (鈮�0 %)
Abdiel Capital Management, LLC 鈥� control entity for a combined 7,019,784 shares (16.3 %)
Abdiel Capital Advisors, LP 鈥� investment manager with shared power over 7,028,847 shares
Colin T. Moran 鈥� managing member, shared power over all 7,028,847 shares

Voting & dispositive power: All reporting persons disclose shared voting and dispositive power; no shares are held with sole authority. The source of funds is marked 鈥淥O鈥� (other), and the amendment lists No changes to purpose, contracts, or arrangements, indicating a passive stance. Exhibit A (not included here) would detail any trades executed since Amendment 48.

Key Takeaways for Investors

Abdiel remains a highly concentrated, long-term holder of APPN, controlling >16 % of the free float.
No new activist intentions or strategic proposals are disclosed; Item 4 (鈥淧urpose of Transaction鈥�) is unchanged.
The filing serves primarily to update share counts and recent transactions required under Section 13D.

Schedule 13D/A 靾橃爼鞝�49順� 鈥� Appian Corporation (NASDAQ: APPN)

2025雲� 7鞗� 7鞚�, Abdiel Capital 氚� 甏€霠� 旮瓣磤霌れ澊 Appian Corporation鞚� 7,028,847欤� 韥措灅鞀� A 欤检嫕鞐� 雽€頃� 順勳灛氤挫湢順勴櫓鞚� 瓿店皽頃橂姅 49氩堨Ц Schedule 13D 靾橃爼靹滊ゼ鞝滌稖頄堨姷雼堧嫟. 氚滍枆靷潣齑� 氚滍枆欤检嫕靾橁皜 43,140,083欤�(2025雲� 5鞗� 5鞚� 旮办)鞛勳潉臧愳晥頃� 霑�, 鞚� 攴鸽９鞚� 齑� 氤挫湢歆€攵勳潃 16.3%搿�, 5% 氤搓碃旮办靹犾潉頉敩靸來殞頃橂┌ Abdiel鞚� Appian鞚� 欤检殧欤检＜欷� 頃橂倶鞛勳潉氤挫棳欷嶋媹雼�.

氤搓碃雽€靸侅潃鞐劘氇呾潣鞚鸽搿� 甑劚霅╇媹雼�:

Abdiel Qualified Master Fund, LP 鈥� 6,698,502欤� (15.5%)
Abdiel Capital, LP 鈥� 321,282欤� (0.7%)
Abdiel Partners, LLC 鈥� 9,063欤� (鈮�0%)
Abdiel Capital Management, LLC 鈥� 齑� 7,019,784欤� (16.3%)毳� 韱奠牅頃橂姅甏€毽� 旮瓣磤
Abdiel Capital Advisors, LP 鈥� 7,028,847欤检棎雽€頃� 瓿惦彊甓岉暅鞚� 臧€歆� 韴瀽甏€毽瀽
Colin T. Moran 鈥� 氇摖 7,028,847欤检棎雽€頃� 瓿惦彊甓岉暅鞚� 臧€歆� 甏€毽� 氅る矂

鞚橁舶甓� 氚� 觳橂秳甓岉暅: 氇摖氤搓碃鞚鸽鞚€ 瓿惦彊 鞚橁舶甓� 氚� 觳橂秳甓岉暅鞚� 鞁犼碃頄堨溂氅�, 雼弲甓岉暅鞙茧 氤挫湢頃� 欤检嫕鞚€ 鞐嗢姷雼堧嫟. 鞛愱笀於滌矘電� 鈥淥O鈥�(旮绊儉)搿� 響滌嫓霅橃柎鞛堨溂氅�, 靾橃爼靹滌棎電� 氇╈爜, 瓿勳暯霕愲姅頃╈潣鞐� 雽€頃� 氤€瓴� 靷暛鞚� 鞐嗢潓鞚� 氇呾嫓頃橃棳靾橂彊鞝侅澑鞛呾灔鞚� 雮橅儉雰呺媹雼�. 攵€搿� A(鞐赴韽暔霅橃 鞎婌潓)鞐愲姅靾橃爼 48 鞚错泟鞁ろ枆霅� 瓯半灅雮挫棴鞚� 靸侅劯頌� 雮橃檧鞛堨潉瓴冹瀰雼堧嫟.

韴瀽鞛愲ゼ鞙勴暅欤检殧雮挫毄

Abdiel鞚€ APPN鞚� 鞛リ赴鞝侅澊瓿� 歆戩霅� 雽€欤检＜搿滌劀鞛愳湢鞙犿喌欤检嫕鞚� 16% 鞚挫儊鞚� 韱奠牅頃橁碃鞛堨姷雼堧嫟.
靸堧鞖� 頄夒彊欤检潣鞚橂弰雮� 鞝勲灥鞝� 鞝滌晥鞚€ 瓿店皽霅橃 鞎婌晿鞙茧┌, 頃 4(鈥滉卑霝� 氇╈爜鈥�)電� 氤€頃澊鞐嗢姷雼堧嫟.
鞚措矆鞝滌稖鞚€ 欤茧 13D 臁绊暛鞐� 霐半ジ欤检嫕靾� 氚� 斓滉芳瓯半灅雮挫棴鞚� 鞐呺嵃鞚错姼頃橁赴鞙勴暅瓴冹瀰雼堧嫟.

Amendement n掳49 au Schedule 13D/A 鈥� Appian Corporation (NASDAQ : APPN)

Le 7 juillet 2025, Abdiel Capital et entit茅s associ茅es ont d茅pos茅 leur 49e amendement au Schedule 13D, r茅v茅lant leur d茅tention actuelle de 7 028 847 actions de Classe A d鈥橝ppian Corporation. Sur la base du nombre total d鈥檃ctions en circulation de l鈥櫭﹎etteur, soit 43 140 083 (au 5 mai 2025), la participation globale du groupe repr茅sente 16,3 % de la classe, largement au-dessus du seuil de d茅claration de 5 %, positionnant Abdiel parmi les principaux actionnaires d鈥橝ppian.

Le d茅p么t regroupe six personnes d茅clarantes :

Abdiel Qualified Master Fund, LP 鈥� 6 698 502 actions (15,5 %)
Abdiel Capital, LP 鈥� 321 282 actions (0,7 %)
Abdiel Partners, LLC 鈥� 9 063 actions (鈮�0 %)
Abdiel Capital Management, LLC 鈥� entit茅 de contr么le pour un total combin茅 de 7 019 784 actions (16,3 %)
Abdiel Capital Advisors, LP 鈥� gestionnaire d鈥檌nvestissement avec pouvoir 辫补谤迟补驳茅 sur 7 028 847 actions
Colin T. Moran 鈥� membre directeur, pouvoir 辫补谤迟补驳茅 sur l鈥檈nsemble des 7 028 847 actions

Pouvoir de vote et de disposition : Toutes les personnes d茅clarantes indiquent un pouvoir de vote et de disposition 辫补谤迟补驳茅 ; aucune action n鈥檈st d茅tenue avec autorit茅 exclusive. La source des fonds est indiqu茅e comme 芦 OO 禄 (autre) et l鈥檃mendement ne mentionne aucun changement de but, contrat ou arrangement, indiquant une posture passive. L鈥橝nnexe A (non incluse ici) d茅taillerait les transactions effectu茅es depuis l鈥橝mendement 48.

Points cl茅s pour les investisseurs

Abdiel reste un d茅tenteur concentr茅 et de long terme d鈥橝PPN, contr么lant plus de 16 % du flottant libre.
Aucune nouvelle intention activiste ou proposition strat茅gique n鈥檈st divulgu茅e ; l鈥橧tem 4 (芦 But de la transaction 禄) reste inchang茅.
Le d茅p么t sert principalement 脿 mettre 脿 jour le nombre d鈥檃ctions et les transactions r茅centes requises en vertu de la Section 13D.

Insights

TL;DR Abdiel still owns 16.3 % of APPN; filing shows continued large passive stake, no strategic shift.

The amendment confirms Abdiel鈥檚 sizable position鈥�7.0 million shares鈥攚ithout signalling activism or material transactions. While the concentration underscores conviction in Appian鈥檚 low-code platform, the absence of purpose changes suggests limited near-term catalytic impact. From a liquidity standpoint, Abdiel鈥檚 block remains a potential overhang or support, depending on market context, but today鈥檚 disclosure is informational rather than transformational.

TL;DR Large shareholder maintains influence; governance implications unchanged.

With >16 % voting power, Abdiel can materially affect shareholder votes, including director elections and strategic approvals. However, Item 6 reports no new agreements, and Item 4 purpose remains 鈥淣ot Applicable,鈥� implying no active campaign. Board dynamics therefore remain status-quo: management retains control but must consider Abdiel鈥檚 preferences in major corporate actions. Overall impact is neutral unless Abdiel鈥檚 stance shifts in future filings.

Schedule 13D/A 靾橃爼鞝�49順� 鈥� Appian Corporation (NASDAQ: APPN)

氤搓碃雽€靸侅潃鞐劘氇呾潣鞚鸽搿� 甑劚霅╇媹雼�:

Abdiel Qualified Master Fund, LP 鈥� 6,698,502欤� (15.5%)
Abdiel Capital, LP 鈥� 321,282欤� (0.7%)
Abdiel Partners, LLC 鈥� 9,063欤� (鈮�0%)
Abdiel Capital Management, LLC 鈥� 齑� 7,019,784欤� (16.3%)毳� 韱奠牅頃橂姅甏€毽� 旮瓣磤
Abdiel Capital Advisors, LP 鈥� 7,028,847欤检棎雽€頃� 瓿惦彊甓岉暅鞚� 臧€歆� 韴瀽甏€毽瀽
Colin T. Moran 鈥� 氇摖 7,028,847欤检棎雽€頃� 瓿惦彊甓岉暅鞚� 臧€歆� 甏€毽� 氅る矂

韴瀽鞛愲ゼ鞙勴暅欤检殧雮挫毄

Abdiel鞚€ APPN鞚� 鞛リ赴鞝侅澊瓿� 歆戩霅� 雽€欤检＜搿滌劀鞛愳湢鞙犿喌欤检嫕鞚� 16% 鞚挫儊鞚� 韱奠牅頃橁碃鞛堨姷雼堧嫟.
靸堧鞖� 頄夒彊欤检潣鞚橂弰雮� 鞝勲灥鞝� 鞝滌晥鞚€ 瓿店皽霅橃 鞎婌晿鞙茧┌, 頃 4(鈥滉卑霝� 氇╈爜鈥�)電� 氤€頃澊鞐嗢姷雼堧嫟.
鞚措矆鞝滌稖鞚€ 欤茧 13D 臁绊暛鞐� 霐半ジ欤检嫕靾� 氚� 斓滉芳瓯半灅雮挫棴鞚� 鞐呺嵃鞚错姼頃橁赴鞙勴暅瓴冹瀰雼堧嫟.

Amendement n掳49 au Schedule 13D/A 鈥� Appian Corporation (NASDAQ : APPN)

Le d茅p么t regroupe six personnes d茅clarantes :

Abdiel Qualified Master Fund, LP 鈥� 6 698 502 actions (15,5 %)
Abdiel Capital, LP 鈥� 321 282 actions (0,7 %)
Abdiel Partners, LLC 鈥� 9 063 actions (鈮�0 %)
Abdiel Capital Management, LLC 鈥� entit茅 de contr么le pour un total combin茅 de 7 019 784 actions (16,3 %)
Abdiel Capital Advisors, LP 鈥� gestionnaire d鈥檌nvestissement avec pouvoir 辫补谤迟补驳茅 sur 7 028 847 actions
Colin T. Moran 鈥� membre directeur, pouvoir 辫补谤迟补驳茅 sur l鈥檈nsemble des 7 028 847 actions

Points cl茅s pour les investisseurs

Abdiel reste un d茅tenteur concentr茅 et de long terme d鈥橝PPN, contr么lant plus de 16 % du flottant libre.
Aucune nouvelle intention activiste ou proposition strat茅gique n鈥檈st divulgu茅e ; l鈥橧tem 4 (芦 But de la transaction 禄) reste inchang茅.
Le d茅p么t sert principalement 脿 mettre 脿 jour le nombre d鈥檃ctions et les transactions r茅centes requises en vertu de la Section 13D.

07/09/2025 - 09:16 PM

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 49)

Appian Corporation

(Name of Issuer)

Class A Common Stock, $0.0001 par value

(Title of Class of Securities)

03782L101

(CUSIP Number)

Abdiel Capital
90 Park Avenue, 29th Floor, Attn: Colin T. Moran
New York, NY, 10016
(646) 496-9202

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/07/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 搂搂 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Class A Common Stock, $0.0001 par value

(b)

Name of Issuer:

Appian Corporation

(c)

Address of Issuer's Principal Executive Offices:

7950 Jones Branch Drive, McLean, VIRGINIA , 22102.

Item 1 Comment:

Reference is hereby made to the statement on Schedule 13D filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Class A Common Stock of the Issuer on June 12, 2017, Amendment No. 1 thereto on June 27, 2017, Amendment No. 2 thereto on June 29, 2017, Amendment No. 3 thereto on July 3, 2017, Amendment No. 4 thereto on July 7, 2017, Amendment No. 5 thereto on July 12, 2017, Amendment No. 6 thereto on July 31, 2017, Amendment No. 7 thereto on October 26, 2017, Amendment No. 8 thereto on November 20, 2017, Amendment No. 9 thereto on November 30, 2017, Amendment No. 10 thereto on December 12, 2017, Amendment No. 11 thereto on December 15, 2017, Amendment No. 12 thereto on February 23, 2018, Amendment No. 13 thereto on March 20, 2018, Amendment No. 14 thereto on March 27, 2018, Amendment No. 15 thereto on April 25, 2018, Amendment No. 16 thereto on April 30, 2018, Amendment No. 17 thereto on August 3, 2018, Amendment No. 18 thereto on August 24, 2018, Amendment No. 19 thereto on October 5, 2018, Amendment No. 20 thereto on October 15, 2018, Amendment No. 21 thereto on October 31, 2018, Amendment No. 22 thereto on November 2, 2018, Amendment No. 23 thereto on December 17, 2018, Amendment No. 24 thereto on February 22, 2019, Amendment No. 25 thereto on September 9, 2019, Amendment No. 26 thereto on December 3, 2020, Amendment No. 27 thereto on February 1, 2021, Amendment No. 28 thereto on May 5, 2022, Amendment No. 29 thereto on May 9, 2022, Amendment No. 30 thereto on May 11, 2022, Amendment No. 31 thereto on May 25, 2022, Amendment No. 32 thereto on November 14, 2022, Amendment No. 33 thereto on January 19, 2023, Amendment No. 34 thereto on January 26, 2023, Amendment No. 35 thereto on October 6, 2023, Amendment No. 36 thereto on November 9, 2023, Amendment No. 37 thereto on December 14, 2023, Amendment No. 38 thereto on February 23, 2024, Amendment No. 39 thereto on July 9, 2024, Amendment No. 40 thereto on July 12, 2024, Amendment No. 41 thereto on July 24, 2024, Amendment No. 42 thereto on August 2, 2024, Amendment No. 43 thereto on August 15, 2024, Amendment No. 44 thereto on August 26, 2024, Amemndment No. 45 thereto on April 15, 2025, Amendment No. 46 thereto on May 20, 2025, Amendment No. 47 thereto on June 3, 2025 and Amendment No. 48 thereto on June 10, 2025 (as so amended, the "Schedule 13D"). This Amendment No. 49 thereto supplements and amends the statement on Schedule 13D. Terms defined in the Schedule 13D are used herein as so defined.

Item 2.

Identity and Background

(a)

This Schedule 13D is filed by and on behalf of (i) Abdiel Qualified Master Fund, LP; (ii) Abdiel Capital, LP; (iii) Abdiel Partners, LLC; (iv) Abdiel Capital Management, LLC; (v) Abdiel Capital Advisors, LP; and (vi) Colin T. Moran (each, a "Reporting Person" and collectively, the "Reporting Persons"). The agreement among the Reporting Persons to file jointly (the "Joint Filing Agreement") was filed as Exhibit A to the initial filing and an amendment to the Joint Filing Agreement was filed as Exhibit A to Amendment No. 34.

(b)

For each Reporting Person: 90 Park Avenue, 29th Floor New York, NY 10016

(c)

Each of Abdiel Qualified Master Fund, LP, Abdiel Capital, LP and Abdiel Partners, LLC is a private investment vehicle, the principal business of which is to make investments. The principal business of Abdiel Capital Management, LLC is to act as the general partner of Abdiel Qualified Master Fund, LP and Abdiel Capital, LP. The principal business of Abdiel Capital Advisors, LP is to act as the investment manager of Abdiel Qualified Master Fund, LP, Abdiel Capital, LP. and Abdiel Partners, LLC. Colin T. Moran serves as managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which serves as the general partner of Abdiel Capital Advisors, LP. and managing member of Abdiel Partners, LLC.

(d)

For each Reporting Person: No

(e)

For each Reporting Person: No

(f)

Abdiel Qualified Master Fund, LP is a Cayman Islands limited partnership. Each of Abdiel Capital, LP and Abdiel Capital Advisors, LP is a Delaware limited partnership. Each of Abdiel Capital Management, LLC and Abdiel Partners, LLC is a Delaware limited liability company. Colin T. Moran is citizen of the United States.

Item 3.

Source and Amount of Funds or Other Consideration

Not Applicable

Item 4.

Purpose of Transaction

Not Applicable

Item 5.

Interest in Securities of the Issuer

(a)

The information requested by this paragraph is incorporated herein by reference to the cover pages to this Amendment No. 49 to Schedule 13D. Percentage ownership is based on 43,140,083 shares of Class A Common Stock outstanding as of May 5, 2025, as reported in the Issuer's Report on Form 10-Q for the period ended March 31, 2025 filed with the Securities and Exchange Commission on May 8, 2025.

(b)

The information requested by this paragraph is incorporated herein by reference to the cover pages to this Amendment No. 49 to Schedule 13D.

(c)

Information with respect to all transactions in the Class A Common Stock effected by the Reporting Persons since the filing of Amendment No. 48 to Schedule 13D is incorporated herein by reference to Exhibit A hereto.

(d)

Not Applicable

(e)

Not Applicable

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Not Applicable

Item 7.

Material to be Filed as Exhibits.

Exhibit A - Transactions Effected since the filing of Amendment No. 48 to Schedule 13D

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Abdiel Qualified Master Fund, LP

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, Managing Member of Abdiel Capital Management, LLC, its General Partner
Date:	07/09/2025

Abdiel Capital, LP

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, Managing Member of Abdiel Capital Management, LLC, its General Partner
Date:	07/09/2025

Abdiel Partners, LLC

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, Managing Member of Abdiel Capital Partners, LLC, its Managing Member
Date:	07/09/2025

Abdiel Capital Management, LLC

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, Managing Member
Date:	07/09/2025

Abdiel Capital Advisors, LP

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, Managing Member of Abdiel Capital Partners, LLC, its General Partner
Date:	07/09/2025

Colin T. Moran

Signature:	/s/ Colin T. Moran
Name/Title:	Colin T. Moran, individually
Date:	07/09/2025

Source:

AG真人官方